Reliance Industries Ltd Seems have more pain
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Reliance Industries Ltd Seems have more pain.
Reliance industries chart I had uploaded earlier too. It was looking in wave 4 of correction.
The retracement for wave 4 is considered to be around 38-50%.
I have taken 38.2 % which comes around 1856, level is marked with green line.
This is not a buy/sell recommendation. only for educational purpose.
Please read the chart's labels carefully.
Regards
Reliance industries chart I had uploaded earlier too. It was looking in wave 4 of correction.
The retracement for wave 4 is considered to be around 38-50%.
I have taken 38.2 % which comes around 1856, level is marked with green line.
This is not a buy/sell recommendation. only for educational purpose.
Please read the chart's labels carefully.
Regards
Nota
Nifty chart on weekly and daily has been uploaded to utube.Nota
adani enterprise may show you 440 in medium term....! Its looking in 4th wave down.Be cautious on longs...!
Nota
Destiny is downwards for reliance!Nota
Retest of neckline of head & shoulder in reliance is being played. Max target upside 2294
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